ESMA Tightens Reins on ESG Marketing Greenwashing
European regulator ESMA demands transparency as industry shorthand for ESG integration and exclusions risks misleading retail investors.
European regulator ESMA demands transparency as industry shorthand for ESG integration and exclusions risks misleading retail investors.
The new proposals mandate supervisors to integrate ESG factors into stress testing frameworks and expand ESG risks scopes as data availability improves
In a major case of greenwashing, ESG funds with sustainability-related names have invested around EUR 38 billion in fossil fuel companies with expansion projects or no Paris-aligned coal phase-out plans